N87trn debt: Probe, suspend loans to Lagos, Abia, Kano, other Nigeria’s states – SERAP tells World Bank
Socio-Economic Rights and Accountability Project, SERAP, has urged the World Bank President Mr Ajay Banga to promptly, transparently and effectively conduct an investigation into the spending of over $8.5 billion loans and other facilities by 36 state governors in Nigeria.
World Bank announces Ajay Banga as sole nominee for President
The World Bank Group’s Board of Executive Directors announced that Ajay Banga, a U.S. national, was the only nominee for the position of the next President of the bank. This is contained in a statement issued by the World Bank in Abuja on Friday. “The World Bank Group’s Board of Executive Directors today confirmed that, […]
Ukraine needs $411bn for reconstruction, recovery – World Bank
The World Bank has disclosed that the war-beleaguered Ukraine needs $411 billion for reconstruction and recovery as Russia’s invasion over a year mounts a plethora of destruction.
World Bank to inject $700m for adolescent girls education in 19 states
By Fortune Eromosele, Abuja World Bank Country Director for Nigeria, Shubham Chaudhuri, has disclosed that the World Bank was set to inject the sum of $700 million for adolescent girls education in 19 states of the country. He made the disclosure on Monday, during a parliamentary summit on fast-tracking Nigeria’s demographic transition, organised by the […]
Surge in food prices ‘ll hinder poverty alleviation progress in Nigeria, World Bank warns
THE World Bank has warned that the rising prices of food items will reverse the progress of poverty alleviation in Nigeria.
World Bank to FG: You won’t succeed in lifting 100m Nigerians out of poverty, if…
By Luminous Jannamike, Abuja The World Bank says it is hopeful the Federal Government can achieve its target of lifting 100 million Nigerians out of poverty in 10 years, but warned, on Friday, that such an ambitious goal won’t succeed without the execution of policies to keep adolescent girls in school and also provide opportunities […]
